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Bloody hell Soulman. Haven't you learnt anything yet about Brexit? Whatever could/does go wrong is down to the Brexit vote. And if it doesn't materialise, then it's because Brexit hasn't happened. So, the drop in the value of the pound post the vote was because of the vote, yet the 'steady...

Collapsed - as in it is no more. Disintegrated. Countries leaving through choice/expulsion/market forces. That's a big difference to collapsing and exchange rate changes, but do carry on with your myopic view of the EU/EURO. At least I don't make predictions regarding : 1. Labour winning...

BUT THE EURO HASN'T COLLAPSED YET FFS. See, we can all do capitals. Yes, we haven't had Brexit, but as the Remainers seem to like to forget, we were told that it would impact the economy STRAIGHT AWAY. In fact, the economy in doing OK (however, there is a huge imbalance in wealth distribution...

Tell me, which part of "Sterling is trading about the mid-point of where it's been versus the Euro for the last 8 years" are you struggling to comprehend? It's not that difficult. Sterling is weaker against the $ because the Fed is now perceived to be on a tightening trajectory. If you wish...

Actually it's probably around a mid-point, as the 1.52 peak was 2007/8. What's keeping the Euro relatively strong is : 1. The strength of the German economy,. 2. The uncertainty regarding BREXIT. Yes, I accept that the vote has had an impact on the exchange rate, but this is not to say that...

WTF has that got to to with either Euro/£ rate or Brexit? The banking crisis is still being played out so if you want to discuss Debt/GDP then that's fine. But you mentioned the Eruo/£ rate, got proved to be wrong, so now jumped to debt. What next? Immigration policy?

Here they come. The sobbing Remainers. Currencies fluctuate, so look at the chart which I posted on page 1 which shows the fluctuations of the Euro/£ rate over the last 10 years. It's been as high 1.52 and as low as 1.02. That's wither a 50% or 33% swing depending what your starting position...

Actually, no it's not. The problems with the banking system were caused by the investment arms being able to "gamble" with the backing of the deposit arms of their institutions. This is what was regularly discussed as being the root cause of the TBTF banks as was the premise of the bank...

Check our government debt/GDP ratio and that of Italy. Once a debt/GDP gets to a level where markets lose confidence, then bond rates ratchet up. Theirs is about 130%. Ours is about 86% roughly (from memory).

Really? Please let me know of ANY bank where the regulators have separated the Depositor side of banking from the Investment side? Just one. Any one will do.

Yep. We haven't finished with the last 'Financial Crisis' yet. We're still in the middle of it (or maybe still at the start of it). The question that we should be asking is "If we are now nearing the end of the current expansionary period since the last crash in 2007/8, why are so many...

Add to this the stagnant/shrinking economy (due to the deficit/surplus rule of 3% of GDP) which means hat the debt/GDP ratio increases if the economy shrinks slightly. The government are aiming to add about 30Bln Euros (from memory) to the national debt to bail out the banks. Italy is screwed...

I wish that there was the time to allow for another Scottish Referendum so that the issue could be buried for a long time. As you say, the polls point to there not being the desire for this and, with the drop in oil prices, most sensible Scots will realise that they benefit from the wealth of...

No it's seriously bad news. This would make Lehmans look like a sneeze compared to getting the flu. We don't want the EURO to go belly up, but the politicians won't do the sensible thing and restructure or ask countries to leave. Now, that could either be Germany leaving as being too powerful...

I actually agree with you. On a lot of the Brexit threads I have made the point that the Euro is unsustainable. Even one of the architects of the Euro project has admitted this recently. The only reason that the currency unions of the US/UK work is that there is political and fiscal union...

Yeah. I read one of the posts (when comparing to the pound) as being a dig about Brexit/Remain. We had all the crap about the pound would trash and look how bad it was etc. The facts don't back this. Maybe my tone was a little harsh I accept :)

Let's deal with facts about the Euro/Stl exch rate. It's currently within the 'normal' band of the last 8 odd years. It rose about 1.30 for a short period in 2014/15, but apart from than has been mainly in a band of 1.10 - 1.30. So, please will the bed-wetters stop going on about "it's only...